Is the new cryptocurrency worth buying

[alisonwonder]

I think it depends on what new coins are bought because not all new coins are profitable. There are new coins that are not good because when they are listed at a high exchange rate, but when they start trading open to the public the price falls and there is no support from the developer.

[swivel1983@gmail.com]

If he managed to see a perspective in a coin once, this does not mean that he can be completely trusted. Whatever authority a person enjoys, you always need to make decisions with a cold head. Critical thinking is the best that can be.

[AmoreJaz]

Now my friend W has recommended a new cryptocurrency to me. Should I invest?

What coin it is? So we can evaluate the capability of this coin.
Investing new coin/s isn't that bad if we could see its huge potential in the market but if we can't see anything, I can see the losing ends. The risk of acquiring new coin is high-risk unlike those who are existed already it is because they don't have such market performance that we can see and evaluate.
But for me, I'm sticking into Bitcoin and putting some funds into potential and promising altcoins. Usually, new coins get ignored unless they prove that they are worthy of trust and a gaining market.

the OP didnt mention what alt he was referring to.these days, very rare that an alt will pull it off. so we are not talking the year of 2017 now.
his friend might be right on investing bitcoin before but this time around he should know better that not all alts can attain success in the market.
so wheres the OP? what alt are you talking about? at least the community can give their insights towards this project.

[StephenJH]

During this time it was a really good choice to invest in BTC, and if it was being suggested by your friend, it seems he knows cryptocurrency very well. In my opinion, you should trust him and invest in this coin you mentioned. But it seems your mentioned project is just new and you must think again about that, maybe it will be your success, on the contrary, you should decide.

[pikkie]

During this time it was a really good choice to invest in BTC, and if it was being suggested by your friend, it seems he knows cryptocurrency very well. In my opinion, you should trust him and invest in this coin you mentioned. But it seems your mentioned project is just new and you must think again about that, maybe it will be your success, on the contrary, you should decide.

bitcoin is already a very good place to make long-term investments but you have to know that there are a variety of new coins that I think can provide benefits even though the potential is very small, because usually new projects still need good development that can trigger many people to enter and buy new coins.

[KidTalent]

For some reason I don't believe there is a coin otherwise you would have just said it by now, what's the point in not telling us?

[ahyadinnn]

bitcoin is already a very good place to make long-term investments but you have to know that there are a variety of new coins that I think can provide benefits even though the potential is very small, because usually new projects still need good development that can trigger many people to enter and buy new coins.

if indeed you can take big risks, there is no harm in buying a new altcoin and saving it, but a new altcoin is very high risk if you choose wrong, because they are still developing the project, they could have run away with investor money

[coinsycrip09]

in the past, you were very lucky.
but right now, we don't know where our luck is. At present the BTC market is not in a good condition. i am worried that it will have a negative impact on the new cryptocurrency, although in the last few weeks there has been an increase in BTC, but you must be careful about the new cryptocurrency.

if you are interested, it never hurts to analyze it first. if you think it is very profitable in the future, you can make a decision.

[CuriousGeorge]

For some reason I don't believe there is a coin otherwise you would have just said it by now, what's the point in not telling us?

What's your reason to say like that? what you have been saying is not even related to the topic that has been discussed. If you aware about you didn't even need to believe him but you just need look at the coin. the fact that there was a lot of new coins and what makes you didn't believe it today.

A new crypto is worth to buy as long as it has been running by reputable team or company. What you don't need to believe in the crap coin.

[preikaler]

it all depends on the quality of the project, it all depends on the research you are doing but in my opinion it is very risky to buy new altcoin because most of them only throw away after listing

[SecretRecipe]

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[sandos]

in the past, you were very lucky.
but right now, we don't know where our luck is. At present the BTC market is not in a good condition. i am worried that it will have a negative impact on the new cryptocurrency, although in the last few weeks there has been an increase in BTC, but you must be careful about the new cryptocurrency.

if you are interested, it never hurts to analyze it first. if you think it is very profitable in the future, you can make a decision.

The situation now is generally very unpredictable and often goes against investors thoughts, so it will put you at great risk. I think before buying, you should consider many times before deciding because the market is very volatile and just a small mistake can make you sup collapse for a long time. I've met a lot in the past, but after all, I still came back and made more money.

[_JamesBond_]

The cryptocurrency recommended by a friend can only be purchased internally, and it will take a while to be listed

[FairUser]

The cryptocurrency recommended by a friend can only be purchased internally, and it will take a while to be listed

Do not waste time and money on those projects. Surely you will have to wait a long time to get profit from it, it is better to go to coinmarketcap and choose the top altcoins there. Their current prices are very cheap and I believe it is a lot better than new projects

[MCobian]

Bitcoin and new cryptocurrency are two different things, I can understand when your friends recommend bitcoin for investment. Especially
when in 2013 you bought quite a lot of bitcoin, so in 2017 you could make a big profit. But unlike investing in new cryptocurrency that is
more risky, there is a possibility that the new cryptocurrency you choose is fake projects or shitcoins. So investing in new cryptocurrency
must do an analysis and research first.

[tabas]

If you have been investing that long and you made money with bitcoin which made you a millionaire of today's time. What makes you think that a new cryptocurrency will be that profitable? if you missed the year 2018, you probably not aware how many altcoins didn't make it up to the next year - 2019. And currently, most people are just into bitcoin and as you see the bitcoin dominance, it's always as high as 60%+ and it won't go down from that percentage unless it will.

[rodskee]

With the development of the economy, BTC is now gaining more and more attention, and it is not disappointed by the people who chose it. From being questioned at the beginning, to a large number of people investing now, it has become a popular investment product. I first learned that BTC was recommended to me by my friend W (who was the administrator of the Monetary Authority) at that time, and let me also invest, but I thought it was a hype May be cheated (this has become a big pity for me). Later, I started investing in 2013, when I bought 100 BTC and sold it at the price of 16,000 in 2017. Now my friend W has recommended a new cryptocurrency to me. Should I invest?

you should have put the name of that "New Cryptocurrency' because there are tons of them cycling in market now,
and i am just wondering because you are investor from 2013 and had manage to
maintain until 2017 yet you have no idea about Altcoins?for that 4 years + 3 years upto now yet asking about nothing
cross you curiosity for that 7 years margin of being in crypto world? hmmm i don't
think thats fair for us because you are fooling of us.

But giving the benefits of the doubt,Yeah altcoins are worth investing also if you will buy the safest alts in the
market like Ethereum,binance,Ripple,EOS and Cardano.

those currencies are for me worth investing for long term as what you did in bitcoin years back.

[judeafante]

With the development of the economy, BTC is now gaining more and more attention, and it is not disappointed by the people who chose it. From being questioned at the beginning, to a large number of people investing now, it has become a popular investment product. I first learned that BTC was recommended to me by my friend W (who was the administrator of the Monetary Authority) at that time, and let me also invest, but I thought it was a hype May be cheated (this has become a big pity for me). Later, I started investing in 2013, when I bought 100 BTC and sold it at the price of 16,000 in 2017. Now my friend W has recommended a new cryptocurrency to me. Should I invest?

You did not mention the name of the new currency that your friend recommended to you if you are good at researching the value and potential of the coin that you are going to invest, then you can go and invest on that coin, there is still a lot of room for new coins in the market now if it has a lot of great things to offer to the market.

[_JamesBond_]

The cryptocurrency recommended by a friend can only be purchased internally, and it will take a while to be listed

Do not waste time and money on those projects. Surely you will have to wait a long time to get profit from it, it is better to go to coinmarketcap and choose the top altcoins there. Their current prices are very cheap and I believe it is a lot better than new projects

Cryptocurrencies on the market now will not have a large upside in a short time

[_JamesBond_]

With the development of the economy, BTC is now gaining more and more attention, and it is not disappointed by the people who chose it. From being questioned at the beginning, to a large number of people investing now, it has become a popular investment product. I first learned that BTC was recommended to me by my friend W (who was the administrator of the Monetary Authority) at that time, and let me also invest, but I thought it was a hype May be cheated (this has become a big pity for me). Later, I started investing in 2013, when I bought 100 BTC and sold it at the price of 16,000 in 2017. Now my friend W has recommended a new cryptocurrency to me. Should I invest?

You did not mention the name of the new currency that your friend recommended to you if you are good at researching the value and potential of the coin that you are going to invest, then you can go and invest on that coin, there is still a lot of room for new coins in the market now if it has a lot of great things to offer to the market.

Now this cryptocurrency is not listed yet and can only be purchased internally